Companies are now digitizing the value proposition of gold, one of the oldest, most stable currencies in the world. The result is a liquid crypto asset backed by the benefits of physical gold. Blockchain technology enables financial leverage, liquidity, and monetized physical gold holdings.
PayPal users in the US can buy, sell, hold, and checkout with Cryptocurrencies using their personal PayPal account. Users will be able to learn about Crypto, track crypto prices, all without leaving the PayPal app. Currently not available for business accounts.
The Bitcoin Law was passed by the Legislative Assembly of El Salvador on 8 June 2021, giving the cryptocurrency bitcoin the status of legal tender within El Salvador after 7 September 2021. It was proposed by President Nayib Bukele.